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Retail Space
New
For Lease
$95 SF/Yr NNN

402 Duval Street, Key West, FL 33040

Commercial Lease, Key West, FL

Space Size3,136 SF
Days on Market2

Property Features for 402 Duval Street

General Information

Property type Commercial Lease
Property subtype Other
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
Parking features Off Street
Subdivision Old Town - Unlisted (1.0)
View Water
Standard status Active
APN 1006815
Size 3,136 SF

Building Details

Year built 1928
Listing Agency: Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed By: Team Gardner/Langley · License #KWA.2032
Added: Oct 5 Last Checked: Oct 6 at 6:06PM
MLS# 621500

Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The retail premises comprise 3,136 square feet and include one bathroom. The building dates to 1928, and off-street parking is available.

At 402 Duval Street in Old Town Key West, the space sits along a street known for shopping, dining, and entertainment that attract residents and visitors.

Key Highlights

  • 3,136‑square‑foot retail space
  • Located at 402 Duval Street in Old Town Key West
  • Off‑street parking

Property Analytics

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Current Use

Earthbound Trading Co Clothing Store

Suggested Use

Top Pick HVAC Service Dental Office Auto Repair Shop Garden Center Pet Grooming Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,333
Businesses Nearby
117k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 34% Hotels & Casinos 18% Apparel 17% Groceries 16%
La Concha Key West Hotels & Casinos
20,542 visits/mo 0.1 miles
Wendy's Dining
19,101 visits/mo 0.1 miles
Circle K Shops & Services
13,410 visits/mo 0.4 miles
Fausto's Food Palace Groceries
10,002 visits/mo 0.1 miles
River Street Sweets Groceries
8,601 visits/mo 0.1 miles

Demographics for 33040, FL

35,958
Population
19,001
Households
1.9
Avg Household Size
44
Median Age
38%
College-Educated
92%
High-School Grad
17.7 sq mi
ZIP Area
2,032
Density / Sq Mi
$79,038
Median Household Income
$42,458
Median Earnings
$2,079
Median Rent
$766,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Key West, FL

$76.3 /SF/Yr
Avg Asking Price
$25–$125 /SF/Yr
Price Range
1,752 SF
Avg Space Size

This space is priced 25% above the average of $76.3 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - An NNN lease opportunity on Duval Street in Old Town, Key West.
Where is this retail space located?
The property is located at 402 Duval Street Key West, FL.
What is the lease rate?
The lease rate is $95 SF/Yr.
What are key features of this property?
This property features: 3,136‑square‑foot retail space; Located at 402 Duval Street in Old Town Key West; Off‑street parking
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